BUSINESS

Optimism skyrockets in South Sudan oil sector

South Sudan oil and power 2018 conference has ended in Juba with one positive sign: tremendous progress is being made in the oil sector, following a successful peace deal last month, and...

Equatorial Guinea congratulates international oil services companies TechnipFMC and Schlumberger for local content compliance

The Equatorial Guinea's Minister of Mines and Hydrocarbons has commended international oil services companies, Schlumberger and TechnipFMC, on "their proactive measures taken to comply with Equatorial Guinea’s local content regulations".

Equatorial Guinea orders immediate termination of all contracts with US based oil service company Subsea 7

Equatorial Guinea has ordered all petroleum operators in the country, including Noble Energy, Exxon Mobil, Kosmos Energy, Trident and Marathon Oil Corporation to cancel all contracts with US-based oil service company,...

Africa’s Silicon Valley taking shape but the world isn’t paying attention

For most people around the world, Silicon Valley is either an American comedy television series created by Mike Judge, John Altschuler and Dave Krinsky, or a region in the southern San Francisco Bay Area of Northern California which serves as a global center...

New report on Africa’s military spending and transparency is surprising even to Africans

The new report on Africa's military spending is to say the very least, surprising, even to Africans, especially at a time when corruption remains high on the continent. 

Protea Hotels by Marriott to open second hotel in Ghana, its first in capital Accra

Accra, the capital of Ghana in West Africa, will have its first Protea hotel at the end of next year,  Protea Hotels by Marriott, part of Marriott International, Inc., announced on Tuesday, saying...

Re-emerging oil-rich Angola hosts major oil & gas conference under President João Lourenço

República de Angola, as the Republic of Angola is known in Portuguese, has always been abundantly blessed by nature. The west-coast country of south-central Africa, which...

Can rich Africans emulate? Michael Bloomberg donates $1.8 billion to Johns Hopkins University

Former New York City Mayor, Michael Bloomberg, on Sunday, announced that he's donating $1.8 billion to his alma mater Johns Hopkins University to provide financial aid to students...

Controversy over jobs numbers in Nigeria fuels election debate

The controversy over unemployment numbers in Nigeria is fueling a presidential election debate.On Thursday, the Atiku campaign organization condemned the refusal by the...

One man’s bold vision tilts capital flows into Africa

Africans may not be in the forefront of technological revolution these days, but when it comes to wise sayings, Africans have some of the best proverbs on earth.
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House of Representatives seeks 2-month free power supply for Nigerians amid coronavirus lockdowns and shutdowns

The House of Representatives is to consider a fresh Stimulus Bill that will ensure that Nigerians...
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No license has been issued for 5G in Nigeria, communication minister Isa Ali Ibrahim releases statement following report

The attention of my office has been drawn to the public concern about the health implications of the deployment of Fifth...

BREAKING: Nigerian federal government seeks National Assembly’s approval for N500 billion ($1.2 billion) COVID-19 intervention fund

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly...

This is what African leaders discussed with President Macron of France, Dr. Tedros of WHO and Dr. Nkengasong of Africa CDC at their second...

President Cyril Ramaphosa of the Republic of South Africa, and Chairperson of the African Union (AU), on Friday, convened a second...

Coronavirus Africa: 313 deaths, 640 recoveries and 7,741 infections in 50 countries

At least 313 people had died from the novel coronavirus in Africa as of Saturday morning, up from 284 on Friday, according to latest figures...
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